Europasia Education Share Discussion Threads

[dell314] 23/11/2005 12:52

encarter - I'm presuming that you have a summary ready for me, preferably both with and without allowing for dilutive effect of the convertibles and warrants?

Rgds
dell

[knowing] 23/11/2005 12:02

Try BSP thread ;-)

[krishall] 23/11/2005 11:18

I hold already. I'm aware can buy within the spread. But as it appears as 15% then it might be a deterent for some potential buyers. KH

[mcdermott900] 23/11/2005 11:14

krishall,

Don't be put off by the apparent spread. I topped up the other day for 4.5p, when that was supposedly the mid-price. i.e. it is possible to buy well within the spread.

regards,

Mac900

[venomousviper] 23/11/2005 10:39

It must be no one seems to be buying though it seems all a bit of a mystery.

[paulkent] 23/11/2005 10:01

so this is basically way undervalued then in a nutshell

[encarter] 23/11/2005 09:54

Market cap is about 2.1m now and investment in CEG is about 2.3m but could be much more when they list in Dec. They also have a couple of other businesses which are doing well. Education in China is going to be massive, dyor.

[venomousviper] 23/11/2005 09:39

Hello whats all this then market cap 1.6 million against an investment worth 1.9 million is this correct cant be surely what about the rest of the business is that worthless?????

[encarter] 22/11/2005 21:40

We're off.

[encarter] 21/11/2005 22:30

Back in business.

[eyeful] 21/11/2005 13:43

Recent update on the CEG listing from londonasia.com.....

China Education Group Ltd
Profitable Chinese private university seeking to list on OFEX in early December and raise up to £822,000. Existing investors include UK listed Europasia Education plc. Simon Littlewood and Victor Ng are represented on the Board. The OFEX listing is being sponsored by London Asia Corporate Finance Ltd.

The offer is being made to the public. For copies of the Prospectus, which will be available from 23 November, please send an email to [e-mail].

[krishall] 19/11/2005 10:25

Number of shares listed is now 44.78m.
So 3.5m shares would be around 7.8% of company.

[mercedes] 19/11/2005 09:25

eyeful

You jest.......

[encarter] 18/11/2005 23:49

No news is usually bad news when it comes to share dealing imho. CEG obviously won't be happening in November and without it the share price will surely suffer.

[uk113106] 18/11/2005 16:12

I have held these shares in an online account for the since the company launched.
Is it purely a 5 for 1 deal?
Whats the deal with the issueing of the Warrants?

I'm now going to find out why the hell my online broker didn't send me any info on the 5 for 1

[eyeful] 18/11/2005 15:36

The 3.5+ million shares traded today must be around 10% of the number of shares in issue now - am I right?

[krishall] 18/11/2005 09:31

At least advfn have renumbered graph scales to take account of the 5 for 1.
As to what's happening... no idea. Does anyone know if any mention of CEG at EGM yesterday - or was it stictly other business?

[eyeful] 18/11/2005 09:15

any idea what's happening here? There are no transactions going through and the maximum deal size I'm being offered at present is 1500 shares. Plus no news on CEG which should be on OFEX in November?

[krishall] 17/11/2005 11:12

unfortunately no one else looks at it as a buy opportunity given the lack of transactions today.

[pljohnson] 17/11/2005 09:36

but it is an opportunity to buy at under 1p again

[pljohnson] 17/11/2005 09:35

and very kind of them to drop the bid offer to old money 0.8 - 1 after yesterdays close of 0.9-1.2

somebody in the city needs a bit of basic maths training

[krishall] 17/11/2005 08:41

4p / 5p. (20% Spread). So much for narrowing the spread after the consolidation.